This product is a recording of the Appraisal Institute webinar that was conducted on April 25, 2012. Once the Appraisal Institute confirms your payment, you will receive an e-mail containing a link to the webinar recording.
Please note: The interactive features of the webinar (e.g. poll/survey questions and the final evaluation) are NOT available in the recording. Appraisal Institute continuing education credit is NOT available for viewing the recording.
Impairment Testing: The When and How for Financial Reporting
Date: April 25, 2012
Duration: 2 hours
In booming times, an executive opinion of fair value might be all that one needs. In recessionary times, a third party appraiser is more desirable, as valuation is no longer a rule of thumb solution. There are definitions of fair value per the financial accounting standards board, but the actual methods of determining impairment vary by the standards of different accounting sources. This webinar recording will define impairment and present its use with fair value accounting and the methods that one may apply for determining fair value, including discounted cash flows.
Lawrence J. Golicz, Ph.D., MAI, Independent valuation consultant